Chemical producer DuPont has provided an undisclosed amount of funding to US-based genome editing technology developer Caribou Biosciences which will form part of the $11m in series A funding Caribou raised in April this year. DuPont made the equity investment as part of a collaboration and licensing agreement, and joins series A investors including pharmaceutical company Novartis, Fidelity Biosciences, Mission Bay Capital and 5 Prime Ventures.
Singapore-based online financial advice service MoneySmart has raised S$2.8m ($2m) in a series A round led by SPH Media Fund, a subsidiary of media group led by Singapore Press Holdings, Tech in Asia reported on Tuesday. The round, which also included OPT SEA, which acts as digital marketing firm OPT’s corporate venturing arm, Golden Gate Ventures, Convergence Ventures, and angel investors Alfred Chia, Mohammad Ismail, Alan Lim, Dan Lynn, Royston Tay and Kwok Yang Bin.
Consumer electronics manufacturer Micromax has invested an undisclosed amount in India-based consumer price comparison startups Scandid, the Economic Times reported on Wednesday. Scandid currently covers some 10 million products across around 200 online merchants, along with information on products sold by brick and mortar stores.
Germany-based digital insurance platform developer Clark raised an undisclosed sum on Monday in a round led by Target Global that also featured media company ProSiebenSat.1’s accelerator programme, Clark’s management team, and angel investors Karl-Heinz Floether and Thomas Noth. ProSiebenSat.1 will also supply additional support including €500,000 ($560,000) of television advertising.
Investment management software producer SimCorp provided an undisclosed sum for UK-based wealth management reporting software developer Opus Nebula on Tuesday. The investment was made as part of a strategic partnership that will involve SimCorp’s SimCorp Coric software underpinning Opus Nebula’s service.
SwiftQueue, an Ireland-based developer of healthcare appointment booking software, has secured €550,000 ($620,000) in seed funding, $310,000 of which came from Kernel Capital through the Bank of Ireland Seed and Early Stage Equity Fund formed with financial services firm Bank of Ireland, the Irish Times reported on Monday. The rest of the capital was provided by Irish government agency Enterprise Ireland.
TIM Ventures, the seed-stage corporate venturing unit owned by telecommunications company Telecom Italia, has invested undisclosed sums in startups Moltin and Shoppimon. US-based Moltin is the developer of an application program interface for e-commerce sites which had already graduated from Y Combinator, while Shoppimon is an Israel-based producer of performance management software for online stores.
Telecoms company SingTel named the two winners of its SingTel Accelerator Challenge today, each of which will receive an investment of S$20,000 ($14,000). The winning Singapore-based startups are smart air conditioning controller producer Ambi Climate and Airfrov, a platform that links travellers with people who want to buy items from their destination.